Also known as a Multi-Bet, a Parlay is a when you combine two or more wagers onto one slip. Instead of placing 2 or 3 separate wagers, you can combine them and get much higher odds than you would ever expect to get on the individual bets. There is a trade-off though; for the wager to be successful, every single one of your picks has to win. If you have 5 picks on a bet slip and 4 win, your wager is unsuccessful and you lose your stake.
Also known as Totals, Under/Over betting is popular with Ice Hockey, American Football and Basketball fans. At Spin Sports and any good sportsbook, you will find Under/Over bets on all the most popular Canadian sports. With this type of wagering, the bookmaker will post a total that is the combined score of both teams at the end of the game. For example, for Basketball it could be 75.5. In this case you can place a bet saying the actual combined score will be below 75 or less (Under) or 76 and more (Over). If your prediction is correct you are paid out accordingly.
Sometimes in sports 2 teams meet that are unevenly matched. This is particularly prevalent in American Football, Tennis and Basketball. It is not difficult to predict who will win since the favourites are clearly more experienced. In such cases, we will offer Handicap bets where the underdog is given a virtual point advantage to even out the playing field. This way you can place a bet on the underdog and even if they lose, your bet can still win, as long as they lose within the point margin given. Similarly, even if the favourites win, the wager can be unsuccessful if they don’t win by more than the point margin given.
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